Sanders and Varoufakis Announce Alliance to Craft ‘Common Blueprint for an International New Deal’

After arguing in a pair of Guardian op-eds last month that a worldwide progressive movement is needed to counter the unifying rightwing “that sprang out of the cesspool of financialized capitalism,” former Greek Finance Minister Yanis Varoufakis announced in Rome on Friday that he and Sen. Bernie Sanders (I-Vt.) plan to officially launch “Progressives International” in the senator’s state on Nov. 30.

This is a very hopeful sign. As the oligarchs frequently point out that if a single country tightens the rules, then international capital will just move to a country where there are friendlier rules (meaning no rules). Only a fairly uniform international set of rules can solve that problem the oligarchs rightfully warn us about.